TY - JOUR AU - Angrist,Joshua D. AU - Chen,Stacey H. TI - Long-term consequences of vietnam-era conscription: schooling, experience, and earnings JF - National Bureau of Economic Research Working Paper Series VL - No. 13411 PY - 2007 Y2 - September 2007 UR - http://www.nber.org/papers/w13411 L1 - http://www.nber.org/papers/w13411.pdf N1 - Author contact info: Joshua Angrist Department of Economics MIT, E52-353 50 Memorial Drive Cambridge, MA 02142-1347 Tel: 617/253-8909 Fax: 617/253-1330 E-Mail: angrist@mit.edu Stacey Chen E-Mail: Stacey.H.Chen@rhul.ac.uk AB - This paper uses the 2000 Census 1-in-6 sample to look at the long-term impact of Vietnam-era military service. Instrumental Variables estimates using draft-lottery instruments show post-service earnings losses close to zero in 2000, in contrast with earlier results showing substantial earnings losses for white veterans in the 1970s and 1980s. The estimates also point to a marked increase in schooling that appears to be attributable to the Vietnam-era GI Bill. The net wage effects observed in the 2000 data can be explained by a flattening of the experience profile in middle age and a modest return to the increased schooling generated by the GI Bill. Evidence on disability effects is mixed but seems inconsistent with a long-term effect of Vietnam-era military service on health. ER -